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demmiblue

demmiblue's Journal
demmiblue's Journal
October 5, 2022

SCOOP: The largest US barge operator declares Force Majeure due to "near-historic" low water levels

SCOOP: The largest US barge operator declares Force Majeure due to "near-historic" low water levels along the Mississippi River. This could be terrible for grains shipments amid the Fall harvest season, as well as huge amounts of iron, steel and aluminum. More on the @TheTerminal


https://twitter.com/JoeDeaux/status/1577762779859193860

Force majeure is a provision in a contract that frees both parties from obligation if an extraordinary event directly prevents one or both parties from performing. A non-performing party may use a force majeure clause as excuse for non-performance for circumstances beyond the party's control and not due to any fault or negligence by the non-performing party. However, mere impracticality or unanticipated difficulty is not enough to excuse performance. Indeed, courts generally do not recognize economic downturn as a force majeure event. This is because economic hardships occur regularly in business, and as a result, may be appropriately and preemptively dealt with by allocating its risk through the terms of the contract. As such, force majeure events are often labeled as "acts of god" and include both natural and man-made events like fires, floods, storms, war, and labor disputes.

https://www.law.cornell.edu/wex/force_majeure
October 4, 2022

The latest hypocritical attempt to justify a Walker vote (Dana Loesch):

IF true, Walker paid for one broad's abortion compared to Warnock who wants your tax dollars to pay for EVERY broad's abortion-as-birth control with no limitations. This isn't a difficult choice and conservatives shouldn't look to the left to validate their vote.


https://twitter.com/medowlen_78/status/1577358346210115584

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Member since: Thu Feb 14, 2008, 11:58 AM
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